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Photonic secures $2-billion USD valuation after final close of $200-million financing | BetaKit

Bell, BDC, EDC, and InBC back BC quantum firm’s continued push towards commercialization. Vancouver-based Photonic has completed the final close of its latest funding round, securing another $70 million USD ($95 million CAD) that will fuel the development of its quantum computers as the company advances towards commercialization. This brings the total size of this equity financing to more than $200 million USD ($275 million CAD). Photonic shared the news this morning, noting that the round gives...

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